Mobile, Alabama

NAACP Names Ameriquest in Lawsuit

The National Association for the Advancement of Colored People (NAACP) has brought a lawsuit against 11 major mortgage lenders, including Ameriquest Mortgage, for singling out black people for costly subprime loans.

Angela Ciccolo, an NAACP attorney, and Austin Tighe, an attorney representing the plaintiffs, confirmed that some of the 11 lenders named in the lawsuit had begun meeting with the NAACP to discuss the complaints.

Both sides are encouraged by the lenders actions to coming forward in hopes of addressing concerns face to face. However, they still think the past abuse is significant and a number of things would need to satisfy their concerns before they could move forward.

Burns, Cunningham & Mackey, P.C.

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The lawyers at Burns, Cunningham & Mackey, P.C., are licensed to practice law in both state and Federal courts in Alabama, Florida, Mississippi and the District of Columbia.

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